first quarter operational profit up 160% to 32 M.
total profit after tax up 260%.
operational profit for full year forecast to be 125 - 150M.
Special dividend of 600 M to be paid Nov 2009.
After paying tax and the dividend, cash reserves will be
1.1 Billion !
Zero debt.
As the company states, New Hope is in a very strong position with zero debt at a time when the credit crunch is making it very difficult for businesses to fund new projects.
No such problems for New Hope !!
first quarter operational profit up 160% to 32 M.total profit...
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Last
$4.70 |
Change
0.030(0.64%) |
Mkt cap ! $3.905B | |||
| Open | High | Low | Value | Volume |
| $4.65 | $4.73 | $4.64 | $6.782M | 1.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13252 | $4.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.71 | 22275 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| NHC (ASX) Chart |
